Asking for take profit and stop loss

[Luandre Ezra]

Hi everyone, can I do TP that doesn't have value (infinite TP) but having a trailing stop. So basically the trailing stop would be the close price for the trade. Does this strategy can be applied or there's something bad things that will comes up later?

Thanks

[Keith Watford]

Yes you can, just set TP to 0 and apply a trailing stop. It is quite commonly used.

[Luandre Ezra]

Thank you keith for your answer